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Technology Stocks : PNLK..ProNetLink..Facts Thread

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To: ilh1 who wrote (24)	5/11/1998 1:24:00 AM
From: ilh1	Read Replies (1) of 291

DOW JONES RELEASE... To: John Huck (2730 ) From: Glenn Zagoren Saturday, May 9 1998 11:05AM ET Reply # of 2884 DOW JONES RELEASE... Regarding the release from Dow Jones I need to clarify what took place. Needless to say I was as surprised to hear this news as you. First of all, we had been negotiating with Dow Jones for almost a month and we had reached an agreement for ProNetLink to participate with Dow Jones in their news retrieval program. Implementation had begun with their support at Proxicom so that information would be included for the launch next week. Late Friday, after I had been given permission by the Account Executive at Dow Jones to release the news, the Dow Jones legal department contacted me to say that the release was incorrect due to two facts. One, that the actual contract had not been signed (we were waiting for that to arrive) and two, that the release was misleading in the sense that we were not offering the information for "free" but that is was part of the membership fee for ProNetLink. They did not want the rest of the industry to think that they had given us the service for free. I apologize for any confusion that this "legal" bump in the night has caused and we will be on top of it first thing Monday morning. I assure you that it was not my intention to mislead anyone. Glenn Zagoren President Zagoren-Zozzora, Inc. Marketing firm for ProNetLink

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